Discounted Cash Flow (DCF) Analysis Unlevered

Leuthold Core Investment Fund Class... (LCRIX)

$21.99

-0.05 (-0.23%)
All numbers are in Millions, Currency in USD
Stock DCF: - | 21.99 | undervalue

Operating Data

Year
A/P
2018
Actual
2019
Actual
2020
Actual
2021
Actual
2022
Actual
2023
Projected
2024
Projected
2025
Projected
2026
Projected
2027
Projected
Revenue 700.85668.21487.27470.25489.73451.68416.58384.20354.35326.81
Revenue (%)
EBITDA 142.94124.6270.4959.8160.2170.9465.4360.3455.6551.33
EBITDA (%)
EBIT 119.85102.0249.6341.3043.0554.3250.1046.2042.6139.30
EBIT (%)
Depreciation 23.0922.6120.8718.5217.1616.6215.3314.1413.0412.03
Depreciation (%)

Balance Sheet Data

Year
A/P
2018
Actual
2019
Actual
2020
Actual
2021
Actual
2022
Actual
2023
Projected
2024
Projected
2025
Projected
2026
Projected
2027
Projected
Total Cash 13.1211.0913.8117.7015.431211.0610.209.418.68
Total Cash (%)
Account Receivables 129.16131.5883.1996.83106.9188.1881.3375.0169.1863.80
Account Receivables (%)
Inventories 45.6650.1638.1545.4460.4439.6236.5433.7031.0828.67
Inventories (%)
Accounts Payable 41.1635.6123.0329.7345.8528.5626.3424.2922.4020.66
Accounts Payable (%)
Capital Expenditure -21.74-22.27-11.88-13.54-10.22-12.50-11.53-10.63-9.81-9.04
Capital Expenditure (%)

Weighted Average Cost Of Capital

Share price $ 21.99
Beta 0.700
Diluted Shares Outstanding 46.81
Cost of Debt
Tax Rate 35.06
After-tax Cost of Debt -%
Risk-Free Rate
Market Risk Premium
Cost of Equity 7.577
Total Debt -
Total Equity 1,029.42
Total Capital -
Debt Weighting -
Equity Weighting -
Wacc

Build Up Free Cash

Year
A/P
2018
Actual
2019
Actual
2020
Actual
2021
Actual
2022
Actual
2023
Projected
2024
Projected
2025
Projected
2026
Projected
2027
Projected
Revenue 700.85668.21487.27470.25489.73451.68416.58384.20354.35326.81
EBITDA 142.94124.6270.4959.8160.2170.9465.4360.3455.6551.33
EBIT 119.85102.0249.6341.3043.0554.3250.1046.2042.6139.30
Tax Rate 24.42%-14.83%-6.62%45.37%35.06%16.68%16.68%16.68%16.68%16.68%
EBIAT 90.59117.1452.9122.5627.9645.2641.7438.5035.5032.75
Depreciation 23.0922.6120.8718.5217.1616.6215.3314.1413.0412.03
Accounts Receivable --2.4248.39-13.64-10.0818.736.856.325.835.38
Inventories --4.5012.01-7.29-1520.833.082.842.622.42
Accounts Payable --5.54-12.586.7016.12-17.29-2.22-2.05-1.89-1.74
Capital Expenditure -21.74-22.27-11.88-13.54-10.22-12.50-11.53-10.63-9.81-9.04
UFCF 91.94105.01109.7213.3125.9471.6453.2549.1245.3041.78
WACC
PV UFCF -----
SUM PV UFCF -

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) -
Free cash flow (t + 1) 42.61
Terminal Value -
Present Value of Terminal Value -

Intrinsic Value

Enterprise Value -
Net Debt -15.43
Equity Value -
Shares Outstanding 46.81
Equity Value Per Share -